Awareness for employees and protection for investors

As part of its continuous care for its investor interests, and as a participation in the social responsibility in maintaining the stability of the Kuwait money market, and in light of the regulatory instructions regarding anti money laundry and terrorism combating, Dimah Capital held an awareness session for its employees concerning the crime of money laundry, its forms, indicators, and how to fight it.

In a press release by the Head of Legal & Compliance Department, Mohammad Radwan, he stated that he supervised the awareness session and answered the questions of the attendants. He added that money laundry is considered a financial crime that directly threaten the reputation of any financial system, which will eliminate investors’ trust in the financial system that might be considered as a platform of a crime. This crime is no longer a traditional crime, he added, it has evolved with computers and information networks, which raise the need for conducting such awareness sessions regularly to keep the money market dealers aware of all the AML developments.

The awareness session covered the history and stages of money laundry, the related local and international legal framework, in addition to the effects of this crime on the financial system generally and individuals and companies in specific. The session also shed the light on real life examples of money laundry cases, in addition to the modern technology abuse in money laundry such as recruitment websites, video games, and cryptocurrencies.

It is worth mentioning that Dimah Capital is part of Al Imtiaz Group, having investments in the American and European real estate markets, which presents to its investors well studied Sharia compliant investment opportunities with the best returns and low risk.